Presented by : Dowen Spennymoor : To View, Telephone 01388 819900
£61,000
BYERLEY ROAD, SHILDON, COUNTY DURHAM, DL4 DL4 1JJ
Available
2 Bedroom Terraced
<p>This well-maintained two-bedroom mid-terrace property presents an excellent investment opportunity, already benefiting from a reliable long-term tenant who has been in place for two years and wishes to remain. The property currently generates £460 per calendar month, delivering a strong yield of 9%. <span style="font-size: 0.875rem; letter-spacing: 0.01em;">The ground floor comprises a welcoming vestibule, a bright lounge, a dining room, a modern kitchen, a rear hall and a bathroom. Upstairs, there are two well-proportioned bedrooms, each fitted with fire escape windows for added safety. To the rear of the property is an enclosed yard, offering private outdoor space. </span><span style="font-size: 0.875rem; letter-spacing: 0.01em;">The property has been kept to a high standard with solid compliance measures in place. An EICR was carried out in May 2023, with three years remaining, and the most recent gas safety check was completed in May 2025. Mains-wired smoke, heat and carbon monoxide detectors are installed, along with a fire blanket in the kitchen. A new main roof has been fitted recently, and the home benefits from a Baxi Platinum boiler and an EPC rating of C. Additional features include a bathroom extractor fan and recently fitted flooring. </span><span style="font-size: 0.875rem; letter-spacing: 0.01em;">With strong compliance standards, a reliable tenant and recent upgrades, this property offers a ready-made investment with no immediate maintenance concerns. </span></p>
GROUND FLOOR ACCOMMODATION
5
Entrance Vestibule
5
Lounge
5
Dining Room
5
Kitchen
5
Rear Hall
5
Bathroom
5
FIRST FLOOR ACCOMMODATION
5
First Floor Landing
5
Bedroom One
5
Bedroom Two
5
Externally
5
WE CANNOT VERIFY THE CONDITIONS OF ANY SERVICES, FIXTURES, FITTINGS ETC AS NONE WERE CHECKED. ALL MEASUREMENTS APPROXIMATE.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON ANY MORTGAGE OR LOAN SECURED ON IT.
These are draft particulars awaiting vendors approval. They are relased on the understanding that the information contained may not be accurate.